- US markets closed lower Yesterday.
- Right now U.S Futures are trading slightly lower too.
- Asian markets are Flat.
- SGX Nifty is trading near 14800.
- Wednesdays are one of the most Volatile days for the week.
- Today I expect Markets to be Volatile.
- Yesterday the Supreme Court Verdict was announced and it was on Expected lines.
- Verdict can be considered to be as Positive for the Banks.
- Crude is down more than 15% in a week.
- As India is the highest Importer of Crude , it's a positive news for us.
- On the other side there are some negative news too.
- Due to Covid cases increasing , many states and Cities are again resorting to lockdown.
- As proved by Health Experts , the second wave of Corona Virus is deadly dangerous.
- Vaccination has arrived but has been going on in a slow pace.
- Also there is fear among many owing to Vaccination.
- Bank Nifty has been Underperforming Significantly.
- This is Dragging Nifty lower as well.
- Expecting the Markets to expire between 14500 to 15000 for this Expiry.
- If by chance any big move happens & we break above levels , we may see a trending move of 100-200 Points on one side.
- Nifty might Trade between 14640-14920 today.
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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